Business

  Kampala, Uganda | THE INDEPENDENT | Plastic collectors from different parts of the country on Thursday protested the 40 percent increment of tax imposed on imported polymer bags like polythene and sacks. Last month, Parliament adopted a proposal by President Yoweri Museveni to increase excise duty on polymer bags and …

  Mbale, Uganda | THE INDEPENDENT | The Statehouse Anti-Corruption Unit has arrested several Mbale city officials and area land committee members for allegedly conniving to sell over ten hectares belonging to the government at Nakaloke in Mbale City Northern Division. Rogers Taitika, the Elgon Region Police Spokesperson, identifies the suspects …

Kampala, Uganda | THE INDEPENDENT | The ascendency of William Ruto to the presidency of Kenya has raised speculation, and hope, among the people of the East African Community, for better trade and economic relations within the region. The business community will for long remember the troubles that they have faced …

Kampala, Uganda | THE INDEPENDENT | The police through its department of private security organisations (PSOs) and private firearms has ordered private security companies to remit National Social Security Fund -NSSF contributions for their guards or close business. Presenting proof of NSSF remissions for all their guards will be the …

Arua, Uganda | THE INDEPENDENT | Households and businesses in the West Nile region will access clean energy products and information on their usage at the upcoming week-long Clean Energy Fair in Arua City. The theme for the Fair scheduled for September 28 to October 1 at the Market Grounds …

Kampala, Uganda | PATRICIA AKANKWATSA | Ecobank Group has simplified collections across Africa through RapidCollect. RapidCollect enables Ecobank’s business customers to receive payments from their clients in their home country and across Ecobank’s network of 33 affiliates, instantly and at a lower cost than any other current cross-border solution. RapidCollect …

Kampala, Uganda | THE INDEPENDENT | The Standards, Utilities, and Wildlife Court in Kampala has fined 40 Kenyan fishermen sh700,000 (Ksh22,113) each for fishing on the Ugandan side of Lake Victoria without a valid license. The fishermen who have spent a month on remand at Luzira Prison were arrested and charged …

Katuna, Uganda | THE INDEPENDENT | Top cabinet ministers have been shocked at the rotting state of Uganda’s newly constructed one-stop border post of Katuna while the Rwanda side Gatuna is sparkling and meticulously maintained. Stunned by the disintegrating though yet-to-be-completed Ugandan side compared to the crisp, well-maintained Rwanda side, …

Kampala, Uganda | THE INDEPENDENT | The Government is satisfied with the performance of the Bank of Uganda under the leadership of the Deputy Governor Michael Atingi-Ego, finance minister Matia Kasaija has said. Kasaija, in an interview with Uganda Radio Network, says Atingi-Ego is doing “a fantastic job” and that there’s …

  The Stanbic Purchasing Managers’ Index (PMI) has regained a positive outlook as the August data pointed to a renewed improvement in business conditions for Uganda’s private sector as both output and new orders returned to growth. | THE INDEPENDENT | The headline PMI rose to 50.5 in August, up …